The Harold E. Eisenberg Foundation

2014

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24 G eneral contractors are encour- aged by a gradual uptick in commercial construction activ- ity across the Midwest, ranging from the development of new facilities in the healthcare and higher education sectors to the construction of offce and industrial buildings. But the combina- tion of a small pool of skilled workers, stiff competition and unsteady pricing for materials continues to present chal- lenges. Many skilled workers who were laid off during the Great Recession went into other industries to make a liv- ing. "Our national data shows that the commercial construction industry has only recovered about 30 percent of the 2 million jobs it lost in the Great Reces- and CEO of Minneapolis-based Opus Design Build LLC. "Activity is con- tinuing to pick up, but it's not uniform across all markets or product sectors." Scott Wittkop, president of the cen- tral division of St. Louis-based Mc- Carthy Building Cos., says the current shortage of skilled labor is one of the biggest challenges confronting the in- dustry. "The cause is twofold. Those tradespeople who left the construction ranks during the recent recession are not coming back. Secondly, there are not enough new individuals deciding to enter the trades to replace those that are retiring," says Wittkop. The average age of a tradesman con- tinues to rise, Wittkop notes, based on frm ManpowerGroup. In 1985, the av- erage age of a tradesman was 36. By 2008, the average age had risen to 40, and today it is approaching 44. (The Virginia Manufacturers Association's ManPower projects that by 2020, up from approximately 20 percent to- Wittkop says one solution is to build years. Through hard work and perseverance, Sansone and his four sons have Today, the Sansone Group has offces in Missouri, Kansas, Arkansas, Tennes- see and Florida and manages more than 20 million square feet of retail, offce and industrial property in 14 states and more than 5,000 residential units val- The 88-year-old Sansone Sr. recalls his determination to break into the com- G eneral contractors are encour - aged by a gradual uptick in 2 million jobs it lost in the Great Reces - sion," says Dave Bangasser, president sion," says Dave Bangasser, president and CEO of Minneapolis-based Opus division of St. Louis-based Mc - Carthy Building Cos., says the current shortage of skilled labor is one of the biggest challenges confronting the in - dustry. "The cause is twofold. Those tradespeople who left the construction ranks during the recent recession are not coming back. Secondly, there are not enough new individuals deciding to enter the trades to replace those that etiring," says Wittkop. The average age of a tradesman con - tinues to rise, Wittkop notes, based on tinuing to pick up, but it's not uniform oss all markets or product sectors." CEO of Minneapolis-based Opus Design Build LLC. "Activity is con - tinuing to pick up, but it's not uniform oss all markets or product sectors." Scott Wittkop, president of the cen - frm ManpowerGroup. In 1985, the av - 2008, the average age had risen to 40, Manufacturers Association's 21 particular occupations.) 21 particular occupations.) defnition of a skilled tradesman — the Associated General Contractors alliances between local chapters of data from human resource consulting the defnition used by ManPower to about 25 percent of the construction day. arrive at those fgures — encompasses workforce will be over the age of 55, workforce will be over the age of 55, arrive at those fgures — encompasses day. about 25 percent of the construction the defnition used by ManPower to data from human resource consulting alliances between local chapters of the Associated General Contractors defnition of a skilled tradesman — - up from approximately 20 percent to ManPower projects that by 2020, By and today it is approaching 44. (The Wittkop says one solution is to build frm ManpowerGroup. In 1985, the erage age of a tradesman was 36. 2008, the average age had risen to and today it Virginia Manufactur estate company with two employees — one to answer the phone and the page 12 Plans New Industrial Complex Planned in Columbus Planned in Columbus Plans New Industrial Complex page 12 INSIDE THIS ISSUE built the company into a full-service frm recognized nationally. page 18 other to help him generate business. He's come a long way over those 57 ued in excess of $2.5 billion. The original staff of two has grown to include more than 220 employees. Ohio Industrial Markets mercial real estate business. "It was a new business, you had to prove yourself Millennials Spark Rebirth of KC's I n 1957, Anthony Sansone Sr. launched his St. Louis-based commercial real Speculative Building Is Back In Some page 19 Downtown Multifamily, Offce Markets Downtown Multifamily, Offce Markets page 19 Speculative Building Is Back In Some n 1957, Anthony Sansone Sr. launched his St. Louis-based commercial real I Millennials Spark Rebirth of KC's mercial real estate business. "It was a new business, you had to prove yourself Ohio Industrial Markets than 220 employees. ued in excess of $2.5 billion. The original staff of two has grown to include more other to help him generate business. He's come a long way over those 57 page 18 built the company into a full-service frm recognized nationally. INSIDE THIS ISSUE years. Through hard work and perseverance, Sansone and his four sons have estate company with two employees — one to answer the phone and the Today, the Sansone Group has offces in Missouri, Kansas, Arkansas, Tennes - see and Florida and manages more than 20 million square feet of retail, offce and industrial property in 14 states and more than 5,000 residential units val - The 88-year-old Sansone Sr. recalls his determination to break into the com - The best way to fnd yourself is to lose yourself in the service of others. — Mahatma Gandhi www.REBusinessOnline.com We are dedicated to THE HAROLD E. EISENBERG FOUNDATION in their tireless efforts to fght gastrointestinal cancer and save lives

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